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Search Results 0 to 26 of about 27 (some duplicates have been removed)
Bloomberg
Dec 7, 2013 9:30am EST
working through the weekend in the hopes of getting a deal. president obama reflects on nelson mandela. julianna goldman and heidi przybla join us. will they get a budget deal by the end of next week? >> both sides are optimistic. you have to look at where they started out. they started out with a very narrow amount of options. what we are talking about is that that list has narrowed more. it is not necessarily getting easier with those smaller items. specifically the democrats are , raising concerns about what will happen to federal employees. >> if they do get a deal, it would be a pretty small deal. the politics are important as opposed to the fiscal or economic impact. >> it will be a very small deal. >> the range we were told they started out with was $50 billion-$100 billion. we are being told that that might be whittled down so much that they might not get anything more than a patch deal for about one year. that is very small. that leaves a lot to be dealt with. >> what is the white house doing? why does the white house care? >> it avoids another shutdown. while the republicans
Bloomberg
Dec 5, 2013 5:00pm EST
awaiting president obama. he is set to give a statement on the death of nelson mandela from the white house. what impacts has nelson mandela had on u.s. president politics? >> two things. first of all, i did want to make a point, which in south africa, there is actually going to be a lot of impact here. he a.n.c. has elections coming up, and they have had a hard time of it. the economy has had a difficult time. the a.n.c. has never gotten since 2% of the vote mandela was in charge of the country. they were set to under perform, and now they are not. now the vote turn out will be great, and it will be very solidly pro a.n.c. the legacy of mandela is really going to matter there. for the united states, in recent years mandela has had the kind of impact that martin luther king had. -- unifying union figure that gets beyond race. some of the best moments that you see in american statesmanship reflects the kind of rhetoric and ideals that mandela actually lived by. but when you look at congress today, when you look at what happened to obama in the knife years since he was initially elected
Bloomberg
Dec 7, 2013 9:00pm EST
died, nelson mandela. he meant a lot to barack obama, didn't he? >> they met just once and had limited communication. both of them are so tied and bound by history. both of them broke the race barrier. they are both nobel laureates. obama's political activism, his sense of service, it was really born from mandela. he got his start working in the anti-apartheid divestiture campaign when he was at occidental and was the first big speech he gave. president barack obama is directly tied to president nelson mandela. >> you said they only met once, when? >> it was in 2005. barack obama was a freshman senator. he was driving and he got a call that said, nelson mandela is at the hotel. do you want to meet him? they got to the four seasons and the guy thought, maybe i should grab the camera. they are going up the elevator to the suite and he notices that the battery light is blinking. so, they walk in and mandela is reclining underneath the window with his legs propped up and obama went up to shake his hand and david got a couple of pictures and then the camera died. that picture is hanging up
Bloomberg
Dec 9, 2013 7:00pm EST
boarded a plane to south africa. they will be joining president obama at the memorial service for nelson mandela. you pose problems for all of the does not sound like you. more than 20 lawmakers on their way for the memorial service. they should be back by wednesday. we expect if there is a budget deal, it would happen by late tomorrow. subject should happen later. it should not cause a big problem. rex phil mattingly joining us tonight. a victory for wall street, regulators will not require ceos to confirm they are complying with the vockel rule according to people familiar with tell us the wording will be a relief to who werek executives concerned they would have to personally guarantee and their firms were in compliance. instead, they would have to sign off on having policies and systems in place. five agencies are set to approve. the mostation is among complex and controversial arising from the dodd frank act in 2010 to overhaul the banking crisis. to the credit the congressional health care clock is ticking. biting into the day, lawmakers need to enroll in a plan under obama care or
Bloomberg
Dec 8, 2013 9:30am EST
me turn to the great african leader that died, nelson mandela. he meant a lot to barack obama, didn't he? >> they met just once and had limited communication. both of them are so tied and bound by history. both of them broke the race barrier. they are both nobel laureates. obama's political activism, his sense of service, it was really born from mandela. he got his start working in the anti-apartheid divestiture campaign when he was at occidental and was the first big speech he gave. president barack obama is directly tied to president nelson mandela. >> you said they only met once, when? >> it was in 2005. barack obama was a freshman senator. he was driving and he got a call that said, nelson mandela is at the hotel. do you want to meet him? they got to the four seasons and the guy thought, maybe i should grab the camera. they are going up the elevator to the suite and he notices that the battery light is blinking. so, they walk in and mandela is reclining underneath the window with his legs propped up and obama went up to shake his hand and david got a couple of pictures and
Bloomberg
Dec 5, 2013 7:00pm EST
-old barack obama with the beginnings and the roots of his political career being inspired by nelson mandela and it talks about the responsibility he feels going forward to emulate and live up to the example that he set. >> who are we hearing from him and he'll? what did they have to say? aboutce the news broke his death, there has been a real out touring of statements from every possible corner of capitol hill to imagine everyone from republicans, democrats, ted , dickmitch mcconnell durbin, nancy pelosi. regardless of political ideology , there is a real outpouring of support and memories in honor of nelson mandela and his contributions. a lot of people talking about what he stood for in terms of ease and justice, the examples and he set in his own life calling on their colleagues and themselves as politicians to emulate that example. >> kathleen hunter from washington emma we are asking you to stand by because it seems we have connected with our s, injure, franz wile hotness burg. we know you try to get as close to the home as possible. describe the scene. >> i'm about 50 yards fr
Bloomberg
Dec 6, 2013 8:00am EST
the pimco ceo get his take. president barack obama calls nelson mandela an example all aspire to.ould the president will likely attend mandela's funeral. japan's prime minister tells bloomberg he would like -- we have an exclusive interview later this hour. -- rate fell.te i want to bring in the chief washington correspondent peter cook and mike. you have been giving -- digging into the household survey and what that tells us about the market. >> yes. ist is really important here not only the level of the unemployment rate but the number of jobs created 818,000. the tin hat folks will love that. is a lot of job creation in the household survey. it is good news. for a look at the numbers the overall jobless rate come out to three digits. this month came in at 7.023%. below a six handle. the fed has been talking for 6.5% threshold. it will start a lot of hope among people out there that the job market is getting better. december they fall to a six percent number. >> building on that and what the will it be, how much on ben bernanke do something in december versus letting janet yellen ha
Bloomberg
Dec 5, 2013 3:00pm EST
in the united states. president obama has talked often about nelson mandela. there are several members of congress who on more than one occasion have talked about mandela and the impact he has had not just on politics and life in south africa, but on politics around the world, even here in this country. a nobel peace prize winner. someone who the anti-apartheid movement here in the united states looked to when he was in prison in robin island and other places. his release in 1990 and going on to become the leader of south africa. lot of lessons to be learned from his life. i am waiting word not only from the white house, but the congress and their reaction to the deaths of nelson man -- mandela. >> you did some reporting on president obama's south african trip, where president obama was very mindful of mr. mandela's health. remind the viewers of what president obama did when he went to south africa several months ago? >> well, again, i wasn't on that trip, but there was oncern, some talk even then. nelson mandela was in failing health at that time. that perhaps his visit to sou
Bloomberg
Dec 6, 2013 7:00pm EST
president obama did speak by phone with nelson mandela's widow. we are learning from the associated press that at least three american presidents will forel to south africa memorial services. they will travel next week to pay their respects. they will be joined on air force one i former president george w. bush and laura bush. they gracefully accepted the invitation from the obama's. former president bill clinton also saying he planned to travel to south africa. as we leave you this evening, a look at the iconic empire state building in new york city lit up in the colors of the south african flag in tribute to the late nelson mandela. i am mark crumpton. that is it for bottom line. have a great weekend. i will see you next time. ♪
Bloomberg
Dec 10, 2013 4:00am EST
pictures coming from south africa, a memorial to honor nelson mandela beginning. these are live pictures coming from the event at the football stadium. tens of thousands of south africans are there to pay tribute to the first black president of the country. obama and -- barack many other world leaders are in attendance. let's talk about what we are seeing as the event is unfolding. lenny joins us with more. stunning pictures coming. clearly, a huge amount focus on this event. what is the story that is going to be told? >> people are still arriving. hundreds of thousands, millions will be watching what goes on today. these are live pictures from the stadium. it is raining, but south africans are singing. they are so part of this moment, knowing they will reflect back on a leader that change this country's face. be addressingill the crowd. other people will also be addressing. we also have the president of was notd xi jinpeng able to attend, which was interesting. of state will be addressing the crowd from that country. india and cuba as well. president, the man who succeeded nelson mandel
Bloomberg
Dec 10, 2013 2:00pm EST
from around the world joined with south africans to mark the life of nelson mandela. the ceremony at the biggest soccer stadium was the first of three major public events this week. president obama was among those paying tribute. never see the life of nelson mandela again. let me say to the young people of africa and the young people around the world, you too can worth your own. >> and the first female ceo in the global automotive industry, she started her career as an intern more than 30 years ago on the factory floor. in charge of product development and quality in all of gm's cars and trucks for a little under two years. person is jet -- ackerson is retiring january 15 and changes at the top of lulu lemon. chip wilson is stepping down as chairman. the president of toms shoes will be the new ceo. we turn to private equity and venture cap. raised $2 billion across seven funds, focusing primarily on software, and tonight and business services. with me now is a managing director. tank you for joining us. -- thank you for joining us. i know your firm, trident, is focused on security. y
Bloomberg
Dec 5, 2013 6:00pm EST
developing story, former south african president and worldwide symbol of freedom nelson mandela has died at the age of 95. tributes are coming in from around the world. here is president obama. sacrificing his own freedom for the freedom of others. he transformed south africa and moved all of us. his journey from a prisoner to a embodied the promise that human beings and countries cachange forhe better. the commitment to transfer power and reconcile with those who jailed him is an example that all humanity should aspire to. he joined the african national congress and worked to oppose apartheid. inwould be sentenced to life prison and remained behind bars for 27ears for being released. want a free man, he was able to negotiate an end to apartheid rule and become the first elected black president of south africa and a global icon for reconciliation. nelson mandela is the subject of the latest film that hit theaters this weekend. i am joined with more. >> harvey weinstein has put out a statement on its passing. one of the privileges of making movies is immortalizing those that have had a profo
Bloomberg
Dec 10, 2013 5:00pm EST
astity will soon as july 1. marking the life of nelson to him, paying tribute in a township south west of johannesburg. president obama spoke about what mandela meant to him. >> over 30 years ago, while student, i learned of nelson mandela and the struggle taking place in this beautiful land. and it stirred something in me. it woke me up from -- to my to others and to myself and set me on an improbable journey that find me here today. >> at least 5000 people are expected to attend mandela's funeral on december 15. tonight on bottom line, i will be speaking with deborah gillis, catalyst to get her perspective on women in leadership. "bottom line" tonight at 7 p.m. new york time. hope to see you then. >> this week, president obama signed an extension of america's 10 year plastic gun ban after being reauthorized by congress. that took place yesterday. the original ban was set to expire and had gained attention saying that plastic guns could get past airport security. cory johnson has been following this issue. also, the chief executive of valencia design group and the grandson of a d
Bloomberg
Dec 10, 2013 3:00am EST
nelson mandela and were expecting many leaders across the world including barack obama and leaders in brazil and india will pay tribute to mandela today at the stadium. with the continue to monitor these pictures -- will potential monitor these pictures and breaking any news and show you speeches -- we will continue to monitor these picture and bring you any news and show you speeches. lessor, chief european economist. -- let's welcome chief european economist. it is a relatively calm to say the least. if 2014 going to be more of the same? tofrom a crisis situation politicization state of situation, we are looking at the effect from stimulation policies that took place this year that were successful in realizing the market. unfortunately i must the negative side effects. we demand. the biggest challenge for 2014 will be the backdrop and in the banking sector. >> you talk about too low inflation, are you worried about deflation? >> the risks in the region we are seeing potentially a very large output gap and rapidly rising that is strong warning. not acclimated which i am very concerne
Bloomberg
Dec 10, 2013 10:00am EST
. president obama shaking hands two raul castro, the attending the state service for nelson mandela. >> we have her on the phone from colorado, the former and chairman of chrysler, jerry greenwald. berra.alk about mary did you know anything about her as she was making her way up the ranks to gm? i knew a lot about women in the auto industry. i don't know her very specifically. she's been through all the .hairs at gm they've done the right thing picking a really wonderful, very strong ceo. picked based on gender. they picked on who they thought would carry general motors on for the next five or 10 years. >> is that the right move? the company when they were put in bankruptcy protection. he says mary knows the company backwards and forwards. put her in charge of hr at the time. ed whitaker came out of the telecom business. is this the right time for gm to return leadership of this automaker to someone who actually grew up that the company? >> both gm and ford have been run in the post downturn from people out of other industries like at ford, alan mulally. they've done very well in a
Bloomberg
Dec 10, 2013 6:00am EST
will bring the full comments of president obama in johannesburg when he speaks at the memorial service for nelson mandela. let's look at stocks, bonds, currencies, commodities. the mood continues. higher and higher. we wonder if we will hit dial -- the dow a20,000 by the end of the year. a quiet economic week. the euro moves this after -- against the sterling after governor mark carney spoke in new york yesterday. stronger euro. nymex crude churns. renting market moves. koran moving at the bottom. moving aten -- corn the bottom. a weaker yen. corn, weaker. how bad is it for farmers in america? >> we had the usda coming out with a global report today. if farmers are selling it -- >> they are according it, one of the two. corn is like bitcoin. we scoured the papers to bring you a front page. >> corn is for real. >> you can eat corn. >> corn is a currency. >> five years after the financial crisis, regulators taking a landmark step to rein in wall street banks. five agencies signing off on the vocal role, the effort to ban prop trading. we know jpmorgan, goldman sachs, and the othe
Bloomberg
Dec 10, 2013 8:00am EST
look at the top headlines. a memorial service being held for nelson mandela today. president obama spoke this morning to a crowd which included world leaders, celebrities, royals, and tens of thousands of south africans. nelson mandela last thursday at age of 95. lulu lemon -- the founder of the company is stepping down as chairman. he will be replaced by the lead director. the ceo is also step down and will be replaced by former toms shoe president. all because of those sheer yoga pants. a drugmaker warns that its earnings will miss analysts estimates next year if regulators allow generic companies of a multiple -- of a multiple sclerosis drug. we will be back in two minutes. ♪ bitcoin has been a speculative frenzy lately. but will all the attention celebrating the 12 days of bitcoin -- not really a traditional holiday. matt miller is here for a day two. on the second day of bitcoin, matt miller gave to me -- what have we got? >> today is the day where i start experimenting with all the different kinds of stuff i can buy. each day we are going to do something different with bitc
Bloomberg
Dec 10, 2013 6:00pm EST
obama speaks africa at an emotional memorial service for nelson mandela. u.s. regulators approve the poker rule in an effort to make and we go inside of the c suite at the new cadillac. to our viewers here in the united states, and those of you joining us from around the world, welcome. do we have full coverage of the stocks and stories making headli
Bloomberg
Dec 6, 2013 3:00am EST
closer look at nelson mandela. this is someone that you have covered many times, that you have also met. what will he be remember as as a person? >> it is such a difficult thing. as president obama referred to a man rarely seen. a man that was not only humble but very powerful. someone we probably won't ever see again in our lifetime. he was such a rare character. he came from the royal family. he had the presence of royalty yet he was so humble. it is something that people always talk about. they had ability to disarm his enemiesly kindness and eventually his enemies would want to be his friend and would fall in love with him. that is some of the rhetoric we know as south africans. he is known as the father of the nation. the person that came to symbolize someone who could take a difficult dispute and resolve nefment will south africa change after his death? >> this has been debated for quite sometime. a lot of people were in denial. he was 95 years old and sick for a very long time. it was something that was in the back of our minds. he seemed invincible. he fought until the very
Bloomberg
Dec 10, 2013 1:00am EST
over television at the times on your screen. >> president obama and oprah winfrey are just some of the heads of state and dignitaries due to visit the memorial service of nelson mandela today. many are comparing it to the funeral of jfk back in the early 60's. >> this is one of the biggest gatherings of world leaders. we have not seen something like --s sincerely 1960s something like this since the early 1960s. royalty from around the world, and about 75 people. what is fascinating is the true message of reconciliation that he always talked about. people that will be talking will be president barack obama, and cuban president ronald castro, and the rainy president roos on -- hassan rouhani will be present. hopefully this will be a time where people can reconcile. >> as is often the case, it is the absentees that are just as notable. >> we fax it got most of the countries that have been represented across the world. syria is not going to be attending. we know that some countries have not even come out with any kind of show of gratitude or grievance at all. this is going to be intere
Bloomberg
Dec 10, 2013 1:00pm EST
emily chang. headlines.op world leaders are remembering nelson mandela at a memorial service at a soccer stadium in south africa. president obama was among those who spoke at the service for mandela. the president made headlines by shaking the hand of event president raul castro. that was the first handshake between those leaders in 13 years. the nominate to head the irs is at his confirmation hearing. will work to he restore the public's trust in the agency. they are struggling with budget cuts and political applications of admitting it applied closer groups. to tea party general motors named a new ceo, making her the first woman to lead a global auto company. there is an -- she is an engineer and has been for 30 years. she will take over for dan a person -- akerson. now to amazon. we all know it is a major online retailer. you may not know that amazon has been quietly building an advertising agency over the last few years. $600 million over it is expectednd to grow this year. cory johnson is back with more on this story. who knew? >> i have been learning a lot about amazon the last cou
Search Results 0 to 26 of about 27 (some duplicates have been removed)